Citadel Investment Group, the $13-billion hedge-fund firm run by Kenneth Griffin, will allow clients to make withdrawals from its two largest funds after freezing them last year. Chicago-based Citadel will decide each quarter whether to make payments from its Wellington and Kensington funds, Griffin said in an investor letter. Clients will be notified of any amounts available for redemption.

Daniel Hackett made a three-point basket from the corner and then authoritatively drove the lane for a layup. It was only two minutes into the game and it seemed as if the sophomore guard was not only back but better than ever. After missing USC's upset loss to Mercer in its opener while recovering from a broken jaw, Hackett packed a wallop in his return, leading the Trojans to a 74-47 victory over the Citadel on Thursday night at McAlister Field House.

Citadel Investment Group agreed to buy Brea-based ResMae Mortgage Corp. for about $180 million, beating out Credit Suisse Group in a Chapter 11 auction for the mortgage lender. The Chicago-based hedge-fund manager will pay about $20 million for ResMae's lending business and 98.5 cents on the dollar for the company's $160-million loan portfolio, said Ron Greenspan, a financial advisor for ResMae's creditors. U.S. Bankruptcy Judge Kevin J. Carey in Wilmington, Del.

For centuries, the colossal sandstone fort that looms over this dusty town has withstood the harshly arid climate of the Rajasthani desert. Inside the citadel's honey-colored walls, tenacious warrior families survived sieges and endured droughts by hoarding every drop of water. These days, though, the problem with water isn't one of scarcity.

The endearing smile that seemed permanently etched on Nick Young's face had disappeared during the season's early going, and so had the production that made the USC swingman an All-Pacific 10 Conference selection as a sophomore. The absence of slain teammate Ryan Francis and close friend Gabe Pruitt, who was academically ineligible, had taken an emotional toll on Young, and his game had suffered as he tried to bear too much responsibility for his team's fortunes.

Almost 20% of the female cadets at The Citadel last spring reported being sexually assaulted since enrolling at the state military college, according to results of a survey released by the school in Charleston. "Some wonder why I would release information that reflects negatively on the college," said the school's president, retired Air Force Lt. Gen. John W. Rosa. "My reason is simple: In order for us to address these issues, we must discuss them openly."

I enjoyed Robin Rauzi's article "Slow Dance With Charleston" [July 30]. Patriots Point Naval & Maritime Museum is a fascinating tour for children that includes a World War II submarine, the USS Yorktown, a retired aircraft carrier and a Vietnamese village that captures the essence of the Mekong Delta Region during the Vietnam War. We also enjoyed visiting the Citadel, where we witnessed a wedding at the chapel. There is a cadet dress parade at 3:45 p.m. Fridays during the school year that is most impressive.

The Federal Communications Commission on Wednesday launched formal investigations into pay-for-play practices at four of the nation's largest radio corporations, the biggest federal inquiry into radio bribery since the congressional payola hearings of 1960. Two FCC officials with direct knowledge of the matter confirmed that the agency had requested documents from Clear Channel Communications Inc., CBS Radio Inc., Entercom Communications Corp. and Citadel Broadcasting Corp.

Re "The Tale of an Underdog," Column One, Nov. 26 All is forgiven. I've disagreed with The Times on many of your stands, but this article showed me why you are a world-class newspaper. The Citadel is a tough college, probably one of the most rigorous in the country, but it is a special place and we grads love it fiercely. Thanks for a great story. JAMES M. IDEMAN The Citadel, Class of 1953 Rolling Hills Estates I found Drex Heikes' story extremely well researched and poignantly written.

"West-Point Ree-Jects." It was like a taunt from a bully. "West-Point Ree-Jects. West-Point Ree-Jects." The football team from the Citadel military college trotted off the field and into the exquisitely rancid locker room their hosts provided for visitors. It was halftime, and the Bulldogs had just worked a miracle. They had played the Florida State Seminoles to a standstill on national television. The Citadel trailed by only three points, 13-10.